59
59
Jul 6, 2011
07/11
by
CSPAN2
tv
eye 59
favorite 0
quote 0
right now there are 140,000 brave americans risking death and injury in afghanistan and iraq. do we reduce our responsibility to them because republicans don't want to burden millionaires? additionally, payments to doctors under medicare, medicaid could be suspended. where do the seniors and needy americans turn then in the event of an urgent medical problem? at a time when nearly 14 million americans are out of work and struggling to keep food on the table, unemployment benefits could lapse. we're talking about the possibility of people without incomes, people unable to sustain their basic needs. in addition to destroying the safety net for ordinary americans, a default crisis would likely threaten america's position as the economic giant of the world, as we see the possibility of widespread panic on wall street and the damage to the credit markets that could lead to the loss of millions of jobs across the country. the question has to be answered, mr. president: why are the republicans willing to walk on this economic tightrope to win favor among wealthy contributors? it's be
right now there are 140,000 brave americans risking death and injury in afghanistan and iraq. do we reduce our responsibility to them because republicans don't want to burden millionaires? additionally, payments to doctors under medicare, medicaid could be suspended. where do the seniors and needy americans turn then in the event of an urgent medical problem? at a time when nearly 14 million americans are out of work and struggling to keep food on the table, unemployment benefits could lapse....
81
81
Jul 28, 2011
07/11
by
CSPAN2
tv
eye 81
favorite 0
quote 0
an example, the war in afghanistan. some of the most conservative senators on the other side of the aisle not only want us to wage this war but to stay there and keep spending money. know what it costs? it costs $10 billion a month for us to protect our troops in afghanistan. for every dollar that we spend, every dollar that we spend, whether it's on the war, on food stamps, on missiles, on highways, for every dollar we spend we borrow 40 cents. we shouldn't be borrowing all this money, but we do because congress says there are certain things we've got to do as a nation. many of the same senators who have said to the president of the united states don't withdraw the troops from afghanistan, keep them there even longer, are now coming to the floor and saying to the president but we're not going to join in asking for the authority that you need to provide that money for those troops. now the senator from pennsylvania has come here the second day and given his take on what would happen if congress fails to extend the debt
an example, the war in afghanistan. some of the most conservative senators on the other side of the aisle not only want us to wage this war but to stay there and keep spending money. know what it costs? it costs $10 billion a month for us to protect our troops in afghanistan. for every dollar that we spend, every dollar that we spend, whether it's on the war, on food stamps, on missiles, on highways, for every dollar we spend we borrow 40 cents. we shouldn't be borrowing all this money, but we...
122
122
Jul 19, 2011
07/11
by
CSPAN2
tv
eye 122
favorite 0
quote 0
afghanistan, iraq, pakistan, libya, and soon as mr. leon panetta says, we'll be fighting in iran. we have military operations all over the middle east. why can't we divert some of those funds, cut some of those wars and not cut social security because social security never impacted on our debt. social security was funded all along so why are we cutting social security? >> guest: well, let me just assure you we are not going to cut social security, okay? i think there might be efforts in the house to cut social security, and it might possibly pass, although i certainly know that the cut cap and whatever it's called won't pass because it requires a two-thirds vote and you need 50 democrats to vote for it, and i don't believe we'll have 50 democrats to vote for it, but i guarantee you if any measure passed the house of social security, it would not be taken up in the senate, and if it did, i believe the president would veto it. you know, you're a retiree, paid into social security, all of your working life, and you deserve to continue to have that guarantee for you, and then i agree
afghanistan, iraq, pakistan, libya, and soon as mr. leon panetta says, we'll be fighting in iran. we have military operations all over the middle east. why can't we divert some of those funds, cut some of those wars and not cut social security because social security never impacted on our debt. social security was funded all along so why are we cutting social security? >> guest: well, let me just assure you we are not going to cut social security, okay? i think there might be efforts in...
88
88
Jul 21, 2011
07/11
by
CSPAN2
tv
eye 88
favorite 0
quote 0
over the entire decade, the cost of afghanistan and iraq wars is about $1.3 trillion. and that is a lot of money. again, that's over ten years, over a decade. this year alone, the deficit is expected to be $1.4 trillion. the deficit this year will be larger than the cost of the iraq and afghanistan wars over ten years. the driving force behind our deficit is not the wars in iraq and afghanistan. it's just not. war costs represent only 4% of total outlays over the last ten years. the total amount of money spent since president obama took office is $8.5 trillion. by the end of his first three years in office, we will have added $5 interest to our gross federal deficit. these are stunning numbers. bush had a widely criticized $450 billion deficit. since president obama has been in ofsz the deficits -- in office the deficit looks like it will be $1.5 trillion. we are borrowing too close to half of what we're spending every single day. in the last few years, discretionary spending, non-defense discretionary spending in the last two years increased 24%. 12% a year on average
over the entire decade, the cost of afghanistan and iraq wars is about $1.3 trillion. and that is a lot of money. again, that's over ten years, over a decade. this year alone, the deficit is expected to be $1.4 trillion. the deficit this year will be larger than the cost of the iraq and afghanistan wars over ten years. the driving force behind our deficit is not the wars in iraq and afghanistan. it's just not. war costs represent only 4% of total outlays over the last ten years. the total...
82
82
Jul 27, 2011
07/11
by
CSPAN2
tv
eye 82
favorite 0
quote 0
forces in iraq and afghanistan, saving $1 trillion in the process. our troops in the middle east deserve our admiration and praise for so successfully carrying out their missions. we must, however, continue to press for a strategy that will bring our troops home as soon as we safely can. the reid deficit plan would find an additional $40 billion in savings by cutting fraud and abuse in tax compliance and a number of non-defense federal programs and $60 billion in other savings, including cutting unnecessary spending on agricultural subsidies and auctioning off electromagnetic spectrum that the government currently holds. finally, by cutting the government by over $2 trillion, we'll have to borrow less money than anticipated and that will save an additional $400 million -- sorry, $400 billion in projected interest costs. in total, the senate democratic plan on which we will vote would cut the deficits by $2.7 trillion over the next ten years. while senator reid's proposal would not address the tax gimmicks and loopholes throughout our tax code that he
forces in iraq and afghanistan, saving $1 trillion in the process. our troops in the middle east deserve our admiration and praise for so successfully carrying out their missions. we must, however, continue to press for a strategy that will bring our troops home as soon as we safely can. the reid deficit plan would find an additional $40 billion in savings by cutting fraud and abuse in tax compliance and a number of non-defense federal programs and $60 billion in other savings, including...
45
45
Jul 13, 2011
07/11
by
CSPAN2
tv
eye 45
favorite 0
quote 0
they are a great partner of ours in afghanistan and in other trouble spots across the globe. that's personally important to me because 100 years ago this year my grandfather immigrated from crow shay to this country, john begich. then it was spelled p-e-c-g-i-c. he left his farmer and eventually settled in northern minnesota in the iron range. he and his young bride anna had four children, their youngest nikolas, made his way to america's new frontier, alaska, even before we were a staivment he was my father. nick was an educator and eventually was elected alaska's lone member of the united states house of representatives in 1970. i'm honored to follow in his footsteps as a member of the senate, where i'm the only member of croatian dissent. my recent visit was my first to croatia. i was honored to represent the body at the summit along with officials from the state department and u.s. embassy. i was impressed by the great progress under way there as well as the excellent job being performed by our embassy personnel. there are enormous opportunities for partnership between th
they are a great partner of ours in afghanistan and in other trouble spots across the globe. that's personally important to me because 100 years ago this year my grandfather immigrated from crow shay to this country, john begich. then it was spelled p-e-c-g-i-c. he left his farmer and eventually settled in northern minnesota in the iron range. he and his young bride anna had four children, their youngest nikolas, made his way to america's new frontier, alaska, even before we were a staivment he...